London Road, Worcester, WR5

Street Guide For London Road, Worcester, WR5

 

London Road, Worcester, WR5 Map

Estimated Price: £193,130
Average Asking Price: £243,829
Price change in last one year: £11,830
Average Price Paid: £158,440
Average Rent Rates: £750

 

Property Prices Breakdown in London Road, Worcester, WR5

Average Price for property in London Road, Worcester, WR5 is around £193,130 which varies based on type of property you are interested in and ranges from £296,088 for detached house to around £208,659 for semi-detached. Similarly terraced house is around £205,366 and a flat is worth £105,482. Values have been changing and have risen £993 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,592 in last 6 months, £11,830 in last 1 year, £19,118 in last 2 years, £22,490 in last 3 years, £19,776 in last 4 years and £21,432 in last 5 years.

Currently average asking price of a property in London Road, Worcester, WR5 is around £243,829 based on approximately 3 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £750 per month.

Estimated property value in London Road, Worcester, WR5 is £193,130. Average asking price is £243,829 while average price paid is £127,000 which is up by £11,830 and Avg. asking rent £750.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in London Road, Worcester, WR5 area. In last 1 year alone average price buyer paid is around £127,000 based on approximately 3 sales in London Road, Worcester, WR5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £149,305. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £158,440 for 21 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £164,118 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £142,158, £184,368 for a 2 bedroom house, £218,752 for a 3 bedroom house, £329,340 for a 4 bedroom house and £397,653 for a 5 bedroom house. For a flat similarly the prices varies from £108,692 for a single bedroom to £157,136 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £222,250. To sum up the asking prices for properties in London Road, Worcester, WR5 it comes to around average £116,415 for 1 bedroom property, £170,554 for 2 bedroom, £218,823 for 3 bedroom, £329,340 for 4 bedroom and £397,653 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £458 for 1 bedroom to £638 for 2 bedrooms, £797 for 3 bedrooms, £890 for 4 bedrooms and £532 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £503. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £644. You should be generally be expecting around average £482 rent per month for single bedroom property, £641 for 2 bedroom, £797 for 3 bedroom, £890 for 4 bedroom and approximately £532 for a 5 bedroom property in London Road, Worcester, WR5 area.

Popular Houses in London Road, Worcester, WR5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around London Road, Worcester, WR5